earnings
confidence high
sentiment positive
materiality 0.80
Ensign Group Q3 2023 GAAP EPS $1.11, adjusted EPS $1.20; raises FY 2023 guidance
ENSIGN GROUP, INC
2023-Q3 EPS reported
$3.28
revenue$2,748,977,000
- GAAP diluted EPS $1.11 (up 12.1% YoY); adjusted diluted EPS $1.20 (up 15.4% YoY).
- Revenue $940.8M (+22.2% YoY); net income $63.9M (+13.7%), adjusted net income $69.0M (+16.6%).
- Same store occupancy 79.5% (+290 bps YoY); managed care revenue +13.8%, census +6.6% YoY.
- Raised FY 2023 EPS guidance to $4.73-$4.79 from $4.70-$4.78; revenue guidance to $3.72B-$3.73B.